In January, 2020, MIAD Corp. sells a gift card for $500 and receives cash. In February, 2020, the customer comes back and spends $200 of the gift card to purchase team apparel. What would be the appropriate journal entry by MIAD to account for the customer's purchase of the apparel in February
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In January, 2020, MIAD Corp. sells a gift card for $500 and receives cash. In February, 2020, the cu...
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